Deals


Deals - Asia/Australasia

Piramal acquires Mallinckrodt LLC's pain drug portfolio

Piramal Enterprises today said it has completed acquisition of a portfolio of drugs for spasticity and pain management from Mallinckrodt LLC. Piramal in January had announced the acquisition for a cash consideration of USD 171 million and up to an additional USD 32 million payable depending on financial performance of the acquired assets over the next three years ... Read more...

Google acquires Kaggle in boost to data play

Technology giant Google has announced the acquisition of Kaggle, a start-up that hosts a number of data scientists, for an undisclosed amount at the Cloud Next 2017 conference. "Kaggle is going to maintain independent brand for a while... what Kaggle has contributed to the community is democratisation of data, developer community... partnership with Kaggle is going to be very positive for ... Read more...

Sona Group acquires Mitsubishi Materials' stake in JV firm

Auto components maker Sona Group has acquired entire stake of its Japanese partner Mitsubishi Materials in JV firm Sona BLW Precision Forgings, for an undisclosed amount. The acquisition of Mitsubishi Materials Corporation's 25 per cent stake will make Sona Group emerging with the 100 per cent ownership of Sona BLW Precision Forgings. ... Read more...

Mott MacDonald acquires UAE consultancy firm

Mott MacDonald, a multidisciplinary consultancy, said it has acquired Wideurope Engineering, a major engineering and design company based in Fujairah, the UAE. Established in 2002, Wideurope Engineering employs over 50 people across its offices in Dubai and Fujairah in the UAE and Genoa, Italy. The company operates primarily in the energy sector providing expert technica ... Read more...

MyDidi acquires TimeMyTask, merged entity valued at $15 million

On-demand cleaning services provider MyDidi has acquired peer TimeMyTask in an all-stock deal. The Mumbai-based company will absorb all the employees and the technology stack ... Read more...

Vodafone Acquires Spectrum for High Speed 4G Data Services in India

Vodafone India has acquired spectrum in all its key telecom circles in the spectrum auction for a total cost of INR 202.8 billion (€2.74 billion).  The new spectrum significantly enhances the coverage, capacity and speed of Vodafone India's 4G data services in its key circles, complementing existing high-quality 2G and 3G voice and data capabilities.& ... Read more...

Seaowl acquires Ogas Solutions

SeaOwl has announced the acquisition of Ogas Solutions, an oil and gas services group with headquarters located in Bangkok. This acquisition will allow SeaOwl Group to pursue its growth and contribute to the consolidation of the industry on an international level with an integrated services offer. Ogas Solutions employs more than 1000 people across the world. Oga ... Read more...

Accenture acquires Melbourne Oracle partner Redcore

Accenture has acquired 130-staff Redcore, a Melbourne-headquartered IT consulting business that specialises in Oracle. The takeover, for an undisclosed sum and subject to certain closing conditions, will bring Accenture a strong suit in cybersecurity, especially identity and access management services. Redcore's cl ... Read more...

Santen To Acquire InnFocus, Developer Of ‘MicroShunt'

Santen Pharmaceutical Co., Ltd and InnFocus, Inc. today announced that the two companies have entered into a definitive agreement under which Santen will acquire privately held InnFocus, developer of the InnFocus MicroShunt® glaucoma implant device. InnFocus is developing the MicroShunt implant to lower and sustain intraocular pressure (IOP) for the treat ... Read more...

TeamLease acquires ASAP Info

Staffing company TeamLease Services today said it would acquire ASAP Info Systems for an enterprise value of Rs 67 crore. Bengaluru-based ASAP Info Systems offers IT staffing solutions to various MNCs and domestic companies, with over 1,000 associates and 171 crore employees. "The transaction, which will be immediately accretive to TeamLease's e ... Read more...

Tata Power Acquires Welspun

Tata Power Company Limited, a unit of industrial holding Tata Sons Ltd and India’s largest integrated power company, announced that it’s subsidiary Tata Power Renewable Energy Limited (TPREL) has signed a share purchase agreement to acquire Indian renewable energy developer Welspun Renewables Energy Private Limited, which is itself a subsidiary of Welspun Energy Private Limited ... Read more...

Aconex Completes Acquisition of Conject

Aconex Limited, provider of a leading cloud and mobile collaboration platform for the global construction industry, today announced that the acquisition of Conject Holding GmbH, announced on 17 March 2016, was completed with effect from 1 April 2016. Conject is a leading cloud and mobile collaboration service provider in Europe and other regions. The acquisition ... Read more...

Mitsubishi Electric Achieves 100-Percent Ownership of DeLclima's Share Capital

Mitsubishi Electric Corporation, following the acquisition of approximately 74.97 percent of the share capital of DeLclima S.p.A. from De'Longhi Industrial S.A.on December 23, 2015, launched a mandatory tender offer and squeeze-out in order to acquire the remaining shares representing approximately ... Read more...

Redington completes acquisition of Linkplus

Redington (India) Ltd has announced that the company have received a communication from RGF that they have obtained the requisite approvals and have completed the acquisition of 70% stake in Linkplus for a consideration of USD 5.75 Million. Redington Gulf FZE (RGF), a step down subsidiary of the Company had earlier announced it has entered into a definitive agree ... Read more...

Mortice Limited Acquires Tenon Facility Management Singapore Pte. Ltd.

Mortice Limited, the AIM listed security and facilities management company, announces that it has, through its wholly-owned subsidiary, Tenon Facility Management Singapore Pte. Ltd, acquired 51% of the issued and paid-up capital of Frontline Security Pte. Ltd, a company incorporated in Singapore, carrying on the business of provider of security services and products, for a maximum cons ... Read more...

Essentra plc to acquire Kamsri Printing & Packaging Pvt. Ltd

Essentra plc today announces that it has signed an agreement to acquire the pharmaceutical packaging assets of Kamsri Printing & Packaging Pvt. Ltd. for an undisclosed consideration, funded from the Company's existing facilities.  Completion of the transaction is expected by end-2015.  Based in Bangalore, Kamsri is a leading manu ... Read more...

Idox plc has acquired Reading Room Ltd

Idox plc, a leading independent supplier of software & services, is pleased to announce that it has acquired the entire issued share capital of Reading Room Ltd. The maximum total consideration for the Acquisition is approximately £5.6 million including costs, and is to be paid using the Company's existing debt facilities. This figure is subject to adjustment ... Read more...

WPP Plc Acquires A majority stake in Six Degrees PR and Alphabet Consulting

WPP announces that its wholly owned operating company Cohn & Wolfe, a leading brand communications agency, has agreed to acquire a majority stake in Six Degrees PR, a full-service public relations agency, and its content and integrated marketing subsidiary Alphabet Consulting. Founded in 2009 and with offices in Delhi, Mumbai and Bangalore, Six Degrees h ... Read more...

Hague and London Oil PLC to acquire Duyung Production Sharing Contract

Hague and London Oil PLC is pleased to announce that it has entered into a conditional agreement to acquire a material interest in the Duyung Production Sharing Contract , located in the Natuna Sea, Indonesia: Duyung PSC contains the undeveloped Mako Natural Gas discovery and nearby infrastructure Estimated Gas Initially ... Read more...

Hero Cycles makes 1st global acquisition with Avocet Sports Ltd

Foraying into the high-value cycle market in Europe, world’s major cycle manufacturer Hero Cycles on Wednesday announced that it had acquired a majority of stake in UK-based cycle distributor, Avocet Sports Ltd. “This acquisition marks our entry into the European market and plays an important role in realising our ambition of becoming one of i ... Read more...

Majmudar & Partners advises Hareon Solar on Joint Venturea

Majmudar & Partners advises Hareon Solar, one of China's largest solar energy companies, on a joint venture to develop a solar project of 72 MW capacity in the State of Andhra Pradesh.   Majmudar & Partners represented Hareon Solar Technology Company Limited, one of China's largest solar energy companies, in connection with a joint ... Read more...

Macromac plc Investment in Skyztree Sdn Bhd

The Board of Macromac (AIM: MACC) is pleased to announce that Macromac Venture Ltd ("MVL") has entered into a binding share subscription agreement with Skyztree Sdn Bhd ("Skyztree"), a mobile applications development business based in Malaysia, pursuant to which MVL has committed to invest a total of RM675,000 (equivalent to approximately £120 ... Read more...

JUST EAT plc Completes Acquisition of Menulog Group Ltd

JUST EAT plc ("JUST EAT" or the "Company"), the world's leading online and mobile marketplace for takeaway food, announces the proposed acquisition of the entire issued and outstanding capital stock of Menulog Group Limited ("Menulog") for a total cash consideration of A$855 million (£445 million)(the "Acquisition& ... Read more...

TLA Worldwide plc Acquires Elite Sports Properties for up to AUD25.5 million

TLA Worldwide plc (AIM: TLA), a leading athlete representation and sports marketing group, is pleased to announce the acquisition of the assets and business of Elite Sports Properties Holdings Pty Ltd ("ESP"), an Australian and UK based athlete management and sports marketing company, for a total maximum consideration of AUD25.5 million (USD19.5 million) payable over five years a ... Read more...

Anglo Pacific Group PLC Completed Narrabri Royalty Acquisition

Further to the announcements on February 4 and March 6, 2015, Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE: APF, TSX: APY) is pleased to announce that it has completed the purchase of a private party's royalty interest in the Narrabri coal project ("Narrabri"). Of the total consideration of US ... Read more...

Tribal Group plc Acquires Callista Software Services Pty Ltd

Tribal Group plc ("Tribal"), a leading provider of software and services for education management, is pleased to announce that it has acquired the entire issued share capital of Callista Software Services Pty Ltd (Callista), a leading provider of student management systems to the Australian university market.   Callista provides its software to ... Read more...

Essentra plc Acquires Specialty Plastics

Essentra plc ("Essentra" or "the Company") today announces that it has completed the acquisition of Specialty Plastics for an undisclosed cash consideration, funded from the Company's existing facilities.   Based in Perth, Australia, Specialty Plastics is a leading distributor of an extensive range of protective plastic ... Read more...

MiLOC Group Limited Acquires 40% interest in MiLOC Clinics Jor2 Limited

Further to the announcement made on 26 November 2014, the Company is pleased to announce that it has agreed to acquire, through its subsidiaries (the "Group"), a 40% equity interest in its subsidiary, MiLOC Clinics Jor2 Limited ("Jor2"), from Mr Chan Chi Hang and Miss Tung Chau Man (together the "Sellers").   ... Read more...

Progility plc Acquires Unify India

Progility plc (AIM: PGY), the systems integrator and project management services firm, is pleased to announce that it has agreed to acquire Unify Enterprise Communications Private Limited ("Unify India") for a total consideration of €1 million in cash from the Unify Group ("Unify Group"), the unified communications joint venture between Siemens AG (& ... Read more...

Collagen Solutions Plc Proposes Acquisition of NZ based providers of medical grade collagen

Collagen Solutions plc (AIM: COS), the developer and manufacturer of medical grade collagen components for use in regenerative medicine, medical devices and in-vitro diagnostics, announces that a circular, comprising an Admission Document and including a notice of General Meeting, has today been posted to shareholders.   The circular outlines de ... Read more...

BAE Systems to acquire SilverSky to enhance commercial cyber growth strategy

BAE Systems announces it has entered into a definitive agreement to acquire Perimeter Internetworking Corp., which trades as SilverSky, a commercial cyber service provider, for $232.5 million (approximately £144.4 million) on a cash free and debt free basis.  Ian King, Chief Executive, BAE Systems, said: "The acquisition of SilverSky enhances ... Read more...

WPP Subsidiary Acquires Mongolian Agency

Advertising, media and communications giant WPP on Friday said its subsidiary Y&R Advertising has acquired Mongolian creative agency MCS Holding LLC. The agency will change its name to Y&R Mongolia and affiliate its business to WPP's global research consultancy TNS. It also said it will be the first ad network to establi ... Read more...

Mosman Oil and Gas Limited Acquires of OilCo Pty Ltd

Mosman Oil & Gas Limited (AIM: MSMN), the Australia and New Zealand focussed oil exploration and development company, advises that it has entered into an agreement to acquire the entire issued share capital of OilCo Pty Ltd ("OilCo"), a wholly owned subsidiary of High Peak Royalties Limited ('HPR") (formally Torrens Energy Limited). ... Read more...

EnQuest Expands Footprint in Malaysia Through Acquisition

EnQuest PLC, through its wholly owned subsidiary EQ Petroleum Production Malaysia Ltd, ("EnQuest" or the "Company") is pleased to announce the agreement to acquire ExxonMobil Exploration and Production Malaysia Inc.'s ("ExxonMobil") interest in the Seligi oil field and the PM8 PSC, located offshore Malaysia.  The agreement is s ... Read more...

ITE strengthens its presence in Indonesia With Acquisition of 50% of DUBM

ITE Group plc, the emerging and developing markets exhibitions specialist, today announces it has entered into a binding contract to acquire 50% of the shares in PT Debindo Unggul Buana Makmur ("DUBM") from a group of three private indi ... Read more...

Macromac plc Acquires Smile Interactive Co., Ltd, Thailand

The Board of Macromac (AIM: MACC) is pleased to announce that the Company has today entered into a share sale & purchase agreement (the "SPA") for the acquisition of Smile Interactive Co., Ltd, Thailand ("Smile"), a mobile content Gateway provider in Thailand, through the purchase of a 49% direct interest in Smile and a 51% indirect interest in Smile via ... Read more...

Kakao Agrees to Merge With Daum Ahead of Seoul Listing

Kakao Corp., South Korea’s largest mobile messaging service, agreed to merge with smaller listed Internet company Daum Communications Corp. (035720) rather than pursue its own planned initial public offering next year. The share swap values Kakao at 3.1 trillion won ($3 billion), based on the terms of the deal contained in a Daum regulatory filing. Kakao will h ... Read more...

Southern Petrochemicals Industries Corporation Complete US$ 1 Billion Debt Restructuring Deal

Indian chemicals and pharmaceuticals company Southern Petrochemical Industries Corporation (SPIC) have completed a high profile, complex debt restructuring deal worth around US$1 billion.   SPIC has four business lines: the fertiliser division, the pharmaceuticals division which manufactures Penicillin-G Potassium (fermentation-based), active pharmaceutical ingre ... Read more...

Rotork plc Acquires Young Tech Co., Ltd

Rotork p.l.c. ("Rotork"), the market-leading actuator manufacturer and flow control company, today announces that it has agreed to purchase the entire share capital of Young Tech Co., Ltd. ("YTC"). The acquisition is subject to regulatory approval. YTC, based in Seoul, Korea, is a leading manufacturer and supplier of valve positioners ... Read more...

Mentum Inc Acquires Proposed Acquisition of Advanced Large Scale Copper-Gold Deposits in Kyrgyz Republic

Mentum Inc (AIM: MEN) announces that it has entered into a memorandum of understanding with the intention of acquiring the Kyrgyz Republic mineral exploration and development operations of Australian Stock Exchange listed Robust Resources Limited ("ROL"), together with approximately £3.5 million of cash, for £27.0 million, which will be satisfied entirely by t ... Read more...

Newfield Exploration sells its Malaysian offshore interests for $898 million to Sapurakencana Petroleum Berhad

London-based energy boutique specialist LXL LLP and US firm Morgan Lewis have advised on the US$898m sale of Newfield Exploration’s Malaysian offshore oil and gas interests.  Newfield Exploration has announced the signing of a share purchase agreement to sell all of its equity interests in Newfield Malaysia Holdings Inc. to SapuraKencana Petroleum Berhad for a total cash conside ... Read more...

Sinclair IS Pharma plc Acquires Atlean® from GSK Stiefel

Sinclair IS Pharma plc (AIM:SPH.L) ("Sinclair" or "the Group"), the international specialty pharmaceutical company, announces that it has acquired Atlean®, a dermal filler, from Stiefel the dermatology business of GSK for an undisclosed cash consideration. Atlean® combines a collagen stimulator and hyaluronic acid filler particularly for the trea ... Read more...

Toshiba Corporation Completes Acquisition of OCZ Technology Group's Assets and Launches New Subsidiary, OCZ Storage Solutions

OCZ Storage Solutions - a Toshiba Group Company - Will Serve the Solid-State Storage Industry with Both Client and Enterprise SSD Solutions and Software. Toshiba Corporation, a global technology leader and manufacturer of NAND flash memory, today announced that the Company has finalized the purchase of substantially all assets of OCZ Technology Group, making it a wholly ... Read more...

Jardine Strategic to Acquire a 20% Stake in Zhongsheng

Jardine Strategic Holdings Limited today announced that it has agreed to invest US$731 million in Hong Kong-listed Zhongsheng Group Holdings Limited ('Zhongsheng') through an equity stake and convertible bonds. Zhongsheng is one of mainland China's leading motor dealership groups operating over 170 outlets in over 60 cities across 15 provinces and ... Read more...

Ebiquity plc Acquires China Media Consulting Group

Ebiquity plc is pleased to announce the acquisition of the entire issued share capital of China Media Consulting Group Limited, the Hong Kong incorporated holding company of the CMCG group ("CMCG" or the "Acquisition").  CMCG is being acquired for an initial cash consideration of HK$20m (approximately £1.6m) which is being satisfied from exist ... Read more...

Atkins acquires Singapore based project management business

WS Atkins plc ('Atkins' or 'the Group') has acquired Confluence Project Management Pte. Ltd. ('Confluence'), a project management business with operations in Asia Pacific, the Middle East and India, for a debt-free cash consideration of £8.4m. ... Read more...

Spirax Sarco acquires the Steam Business of its main Indonesian Distributor for total consideration of £1.6 million

Spirax-Sarco Engineering plc announces that, through its newly formed subsidiary company, PT Spirax‑Sarco Indonesia ("Spirax Indonesia"), it has acquired the steam speciality business and assets of PT Petrolog MUM ("Petrolog"), based in Jakarta, Indonesia.   Petrolog is Spirax Sarco's distributor in the Java ... Read more...

Future plc Acquires Australian Technology Brands

Future plc, the international media group, today announces that its Australian business has acquired two technology brands - APC and TechLife - from Bauer Media Group.  The acquisition of APC and TechLife - the leading technology brands in Australia - is consistent with the digital growth strategy set out at our interim results in May 2013 to grow our o ... Read more...

Croda International Plc Acquires Sichuan Sipo Chemical Co. Ltd

Croda International Plc ("Croda" or "the Group") announces that it has received Chinese regulatory approval to acquire a 65% equity interest in Sichuan Sipo Chemical Co. Ltd ("Sipo"), a non-listed natural speciality chemicals manufacturer based in Mianyang City, Sichuan Province, China. Completion of the transaction is subject ... Read more...

Croda International Plc Acquires Sichuan Sipo Chemical Co. Ltd

Croda International Plc ("Croda" or "the Group") announces that it has received Chinese regulatory approval to acquire a 65% equity interest in Sichuan Sipo Chemical Co. Ltd ("Sipo"), a non-listed natural speciality chemicals manufacturer based in Mianyang City, Sichuan Province, China. Completion of the transaction is subject ... Read more...

RPS Group plc Acquires APASA

Further Development of the Group's International Oceanographic Activities with the Acquisition of Asia-Pacific ASA Pty Ltd ("APASA")   RPS announces the acquisition of APASA, an oceanographic consultancy firm, for a maximum consideration of A$8.7 million (£5.2 million).   APASA has extensive e ... Read more...

ADVFN Plc Acquires Financemanila.net

ADVFN is pleased to announce that it has entered into an agreement (the 'Asset Purchase Agreement') for the acquisition of the website, financemanila.net for a consideration of PHP6 million payable as PHP2.5 million in cash and PHP3.5 million in new ADVFN shares of 1p each (equating to a total considera ... Read more...

Lucas Meyer Cosmetics Acquires Southern Cross Botanicals

Lucas Meyer Cosmetics, a wholly owned subsidiary of Unipex Group, and leading company in the field of innovative active and functional ingredients for the cosmetics industry, have announced that it has acquired Southern Cross Botanicals, the leading supplier of Australian botanical ingredients.  This acquisition will expand the Lucas Meyer Cosmetics product line and is perfectly in line w ... Read more...

Synectics plc Acquires Coex Services Asia

Synectics plc (AIM: SNX), a leader in the design, integration and control of advanced surveillance technology and networked security systems, is pleased to announce that it has acquired the balance of the share capital in Coex Services Asia Pte Ltd ("CSA") for a maximum consideration of up to £2.1 million.   CSA is a private S ... Read more...

Axiata Establishes Market Leadership Position in Cambodia with the Merger of "Hello" and "Smart"

Axiata Group Berhad (“Axiata”) has announced the strategic merger of Hello Axiata Company Limited (“Hello”) and Latelz Company Limited (“Latelz”) which operates under its main Smart Mobile (“Smart”) brand name.  The cash consideration for the merger was approximately US $155 million, subject to adjustments for ... Read more...

Mytrah Energy Limited Acquires 59.75 MW of Indian Wind Assets

Further to the announcement made on 13 March 2013, in which Mytrah announced that is had agreed conditional terms to acquire 59.75 MW of existing operational wind power assets in the Indian States of Tamil Nadu and Maharashtra (the "Acquisition"), Mytrah is pleased to announce that it has received conditional offers for the debt financing. This Acquisition remai ... Read more...

Recapital Group Disposal

Recapital Group disposed of its entire holding of 24,203,452 ordinary shares in Bumi plc, with Avenue Luxembourg S.A.R.L. acquiring 13,667,250 shares and the remainder being split between Flaming Luck Investments Limited (3,000,000 shares) and Argyle Street Management Limited (7,536,202 shares).   Bumi plc is a leading FTSE listed thermal coal group with interest ... Read more...

Chinalco Mining Corporation IPO

Chinalco Mining Corporation International (“CMC”) has raised approximately $400 million in an initial public offering in Hong Kong.   The unit of China’s biggest aluminium producer sold about 1.76 billion shares at HK$1.75 apiece.  The shares were offered at HK$1.52 to HK$1.91 each, according to a prospectus for the IPO.& ... Read more...

LED International Holdings Limited Acquires Shenzhen Lamp Energy Management Investment Company Limited

The board of directors of the Company (the "Board") is pleased to announce that on 21 March 2013 the Group entered into sale and purchase agreements with Mr. Jerry So ("Mr. So") relating to the acquisition by the Company's group (the "Group") of the entire share capital of Shenzhen Lamp Energy Management Investment Com ... Read more...

Global Lock Safety Group Co., Limited Acquires Yuxi City Global Lock Security Engineering Co., Ltd

Global Lock, the provider of security solutions to retailers and other organisations in China, is pleased to announce that it has acquired the remaining 50% interest in Yuxi City Global Lock Security Engineering Co., Ltd ("Yuxi").   Yuxi was established in November 2010 as a joint venture with three individuals and provides security sol ... Read more...

Graphene NanoChem Plc To Float On Aim

Biofutures is the parent company of Zurex Corporation Sdn. Bhd. ("Zurex"), a company incorporated in Malaysia. Zurex owns and operates a 200,000 metric tones per annum palm oil refinery in Lahad Datu, Sabah, Malaysia and has a licence to manufacture biodiesel from palm oil. Zurex's refinery sits on a 14 acre plot of land in POIC Lahad Datu, Sabah, Malaysia. POIC is an ent ... Read more...

Dewhurst PLC Acquisition in Dual Engraving

Dewhurst plc, an independent supplier of quality components to the lift, keypad and transport industries, is delighted to announce the acquisition of 70 per cent. of Dual Engraving ("Dual"), based in Perth, Western Australia ("WA") (the "Acquisition"). The terms of the Acquisition remain the same as previously announced on 12 November 2012 (see ... Read more...

LiteBulb Group Limited Proposed acquisition of Bluwstuff Limited

LiteBulb Group (AIM: LBB), the provider of innovative product solutions from identification through to retail distribution, announces that it has entered into a conditional share purchase agreement to acquire Bluwstuff Limited, a  global designer, manufacturer and distributor of award winning innovative products, predominantly for the gift and toy markets, for a ... Read more...

Tarsus Group plc Acquires PT Infrastructure Asia

Tarsus Group plc (LSE: TRS, "Tarsus" or the "Group"), the international business-to-business media group, has agreed to acquire 51% of Indonesian exhibition organiser PT Infrastructure Asia ("PTIA") from PT Event Pro International (the "Vendor").   PTIA currently owns and or ... Read more...

Report on Marubeni Corp development of Rantau Dedap geothermal power plant project

Supreme Energy Rantau Dedap (“SERD”) has entered into a Power Purchase Agreement (“PPA”) signing with Indonesian state-owned electricity utility Perusahaan Listrik Negara (“PLN”) for the development of Rantau Dedap Geothermal Project located in the South Sumatra Province of Indonesia.   The Rantau Dedap ... Read more...

Announcement regarding the Share Acquisition of Yamagiwa Corporation

MARUWA CO LTD ("Maruwa" or the "Company") resolved, at a meeting of the board of directors held on November 1, 2012 today, to acquire 100% outstanding shares of Yamagiwa Corporation ("Yamagiwa"), and the Company has entered into a share purchase agreement with the seller, Enterprise Turnaround Initiative Corporation of Japan ("ETIC& ... Read more...

Fenner PLC Acquisition of Australian Conveyor Engineering

Fenner is pleased to announce that its wholly owned subsidiary Fenner Dunlop Australia Pty Ltd, ("Fenner Dunlop") has today exchanged contracts to purchase 100% of the share capital of ACE, a privately owned group of companies based in Somersby, New South Wales, Australia.  The audited value of the gross assets being acquired was AUD$16.0m (£10.4m) as at 30 Jun ... Read more...

Grey Group to acquire a majority stake in ArtM in China

WPP announces that its wholly-owned operating company Grey Group, the global communications network, has agreed to acquire a majority stake in ArtM Communications Group, a leading full service integr ... Read more...

Allen & Overy advises on the largest ever financing for a private sector Chinese company

Alibaba Group Holding Limited, China's largest e-commerce company, announced the completion of its initial repurchase of shares from Yahoo!, which represented one-half of Yahoo!'s 40% stake in Alibaba Group on a fully diluted basis, on 18 September 2012.  The initial repurchase of shares was valued at approximately USD7.1 billion. Of this Yahoo! ... Read more...

Aegis Group plc Acquisition of C2 develops iProspect's network in India

Aegis Group plc ("Aegis"), the world's leading, focused media and digital communications group, today announces that it has entered into an agreement to acquire Communicate 2 ("C2"), a leading performance marketing and search agency in India. C2's gross assets as at 31 March 2012 were INR 129.9 million (£1.5) million.& ... Read more...

Baker & McKenzie Advises on the Global Offering of DYNAM Japan Holdings

Baker & McKenzie’s Securities team recently acted as Hong Kong, US and Japanese law counsel to the joint global coordinators, joint bookrunners and joint lead managers, Shenyin Wanguo Capital (H.K.) Limited, Piper Jaffray Asia Limited and CITIC Securities Corporate Finance (HK) Limited, on the USD200 milion global offfering by DYNAM Japan Holdings Co., Ltd, one of the ... Read more...

Eurasian Natural Resources Corporation PLC Frontier Licence to be granted for US$101.5 million

Eurasian Natural Resources Corporation PLC ('ENRC' or, together with its subsidiaries, the 'Group'), today announces that the Government of the Democratic Republic of the Congo ('DRC') has decided to grant ENRC's subsidiary Frontier Sprl ('Frontier') a new mining licence in respect of the Frontier mine for US$101.5 ... Read more...

Aegis Media expands digital scale in China with strategic investment in leading search firm PinZhong

Aegis Group plc today announced it has committed to a strategic investment in local Chinese search marketing company, PinZhong ("PZoom"). Aegis Group's investment in PZoom is RMB 24 million (£2.4 million). The partnership with PZoom is in line with Aegis Group's strategy of acquiring businesses in faster- ... Read more...

Leyshon Resources Ltd Completion of Acquisition Of Stake In China's Unconventional Gas Revolution

Leyshon Resources Limited (AIM/ASX:LRL) ("the Company") is very pleased to announce that it has signed a definitive share sale and purchase agreement for the acquisition of Hong Kong Company Pacific Asia Petroleum Limited (PAPL) which holds a 100% interest in the Zijinshan Production Sharing Contract located on the eastern fringe of the prolific Ordos Gas Basin in Cen ... Read more...

Pearson To Acquire Author Solutions, Inc For $116m

Pearson, the world's leading learning company, is today announcing the acquisition of Author Solutions, Inc (ASI) from Bertram Capital for $116 million in cash.   Formed in 2007, ASI is now the world's leading provider of professional self-publishing services. It has enabled 150,000 authors to publish, market and distribute more than ... Read more...

RPS announces the acquisition of Manidis Roberts Pty Ltd

Founded in 1988, MR is an environmental and project management consultancy headquartered in Sydney.   It currently employs about 90 staff and has developed a significant profile based upon the successful delivery of complex infrastructure projects.  These often last several years, providing long term revenue streams.  MR has particular expertise in the water, tr ... Read more...

Completion of the acquisition of Shenzhen Embest Technology Co Limited

Premier Farnell plc (LSE:pfl) announces the completion of its acquisition of Shenzhen Embest Technology Co Ltd (Embest), a leading provider of embedded system development boards and tools, as well as design engineering services with gross assets of approximately £0.5 million (at current exchange rates). Embest, which is based in China, will report through element14, Premier F ... Read more...

Nuclear Power Corporation of India Limited Raising $250 Million

Khaitan & Co advised public sector undertaking Nuclear Power Corporation of India Limited (NPCIL) in its external commercial borrowing (ECB) of $250 million from State Bank of India, Singapore Branch (SBI) to construct new nuclear reactors and purchase of equipment for the same projects from India and abroad.   NPCIL is a public sector enterprise under th ... Read more...

Clifford Chance advises CVC on US$105 million investment in Venturepharma Group in China

Leading international law firm Clifford Chance has acted for funds advised by CVC Asia Pacific Limited on its US$105 million investment in convertible bonds issued by Venturepharma Group in China. Beijing partner Terence Foo who led the core team said, "We were delighted to partner with CVC on yet another successful investment in China. This deal highlig ... Read more...

Schroders to acquire 25 per cent. of Indian asset manager

Schroders plc (Schroders) announces that its wholly owned subsidiary, Schroder Singapore Holdings Private Limited, has reached agreement to acquire 25 per cent. of the share capital of Axis Asset Management Company (Axis AMC), the Indian asset management business of Axis Bank Limited. Axis AMC was founded in 2009 and has assets under management of c.US$2.3 b ... Read more...

Baker & McKenzie Advises the Al-Futtaim Group on its Acquisition of Strategic Interest in the RSH Limited

Baker & McKenzie.Wong & Leow has advised the Al-Futtaim Group on its acquisition of a strategic interest in RSH Limited. This is the second time the Al-Futtaim Group has instructed Baker & McKenzie on a major acquisition in Singapore, after its successful voluntary conditional cash offer and privatization of Robinson and Company Limited in 2008. Together with Robin ... Read more...

123rd Boeing 737 Series Aircraft Delivered To Garuda Indonesia

Mr. Andre Rahadian, one of the founding partners of the Law Firm Hanafiah Ponggawa & Partners, Jakarta-Indonesia (“HP&P”), has successfully assisted Garuda Indonesia, the biggest airline compa ... Read more...

Rural Electrification Corporation Limited to raise Rs 3,000 crore through issue of tax-free bonds this fiscal

State-run Rural Electrification Corporation Limited (REC) has received the Finance Ministry's approval to raise Rs 3,000 crore through issue of tax-free bonds this fiscal year.  “REC has been authorised to issue, through a public issue, during the financial year 2011-12, tax-free, secured, redeemable, non-convertible bonds of rupees 1,000 ... Read more...

National Highways Authority of India (NHAI) £1.9B Public Bond Offering

M. V. Kini & Co. advised National Highways Authority of India (NHAI) on public issue of tax free Bonds of the value of Rs.1,000 each to raise Rs.10,000 crore ($ 1.9 billion) to finance implementation of various projects.  The NHAI was constituted by an act of Parliament, the National Highways Authority of India Act, 1988.  It is responsible fo ... Read more...

JWT to acquires stake in digital agency, Converge Technologies in Pakistan

WPP announces that JWT, its wholly-owned global advertising and communications company, has agreed to acquire, by subscription for new shares, a minority stake in Converge Technologies Pvt Limited, ("Converge") a leading provider of technology-based marketing solutions and digital marketing services agency in Pakistan. Converge's offer include ... Read more...

Power Capital Global Limited Acquires a Significant Minority Stake in TSI Holdings Limited

The Company is pleased to announce that, through its wholly owned subsidiary PCG Engineering Limited, it has signed a term sheet to subscribe for a 30% equity stake in TSI Holdings Limited ("TSI") (the "Investment"). Total consideration for the Investment is US$2 million (approximately £1.26m).  The subscription is subject to, int ... Read more...

Compass Group Acquires NKS in Japan

We are pleased to announce that Compass Group has acquired NKS Kabushiki Kaisha Ltd and associated companies (together "NKS") from Mr Yamamoto, its Chief Executive. For the year ended 31 March 2011, NKS had revenues of JPY 6.4 billion (c.£50 million) and gross assets of JPY 4.7billion (c.£36 million). NKS is a provider ... Read more...

Westcon acquires Indonesian IT security and networking distributor, Netpoleon

Datatec Limited ("Datatec", JSE/AIM: DTC), the international Information and Communications Technology (ICT) group, announces that its subsidiary Westcon has agreed to acquire the business of PT Netpoleon, ("Netpoleon"), an Indonesian value added distributor of IT security, networking and convergence solutions and provider of managed and training services. P ... Read more...

Whitehaven Coal in merger agreement with Aston Resources

Whitehaven Coal and Aston Resources have agreed to a $5.1 billion merger. With their planned combination, the two companies would have a total output of 27 million tonnes a year by 2015, which would bring the two coal miners on par with the 2010 output of the Australian operations of Peabody Energy. Whitehaven, which went public in June 200 ... Read more...

XM Asia to acquire a stake in PT Magnivate Group, a leading digital agency in Indonesia

WPP announces that XM Asia, a division of WPP's wholly-owned operating company, JWT, the global communications group, has entered into an agreement to acquire a stake in Magnivate, a leading digital agency in Indonesia. Completion of the acquisition is subject to fulfillment of certain conditions. Founded in 2010 and based in Jakarta, Magnivate's o ... Read more...

Frontier Mining Ltd Frontier Completes Acquisition of South Benkala

Frontier Mining Ltd (AIM: FML), the AIM quoted copper exploration and development company focused on Kazakhstan, is pleased to announce it has completed the acquisition of South Benkala, previously announced on 9 May 2011. KazCopper LLP, Frontier's wholly owned subsidiary through which it holds the Benkala license, has received final approval f ... Read more...

Qihang Equipment Acquires of Zhenjiang Anda Coal Mine Special Equipment Co

Qihang Equipment Company Limited (the "Company") is pleased to announce that it has entered into an agreement for the acquisition of the entire issued share capital of Zhenjiang Anda Coal Mine Special Equipment Company Limited ("CM Special Equipment") for a cash consideration of up to RMB 35 million (approximately £3.6m) (the "Acquisition" ... Read more...

Adecco to acquire Japan-based professional staffing firm VSN Inc

Expanding professional staffing exposure in the world's second largest staffing market Zurich, Switzerland, January 3, 2012: Adecco Group, the global leader in Human Resource services, today announces the acquisition of VSN Inc., a leading provider of professional staffing services in Japan, for an enterprise value of EUR 90 million[1]. VSN Inc. doubles ... Read more...

Equity International To Invest $75m in Biz Hotel Chain SAMHI

Equity International (EI), an investment firm which backs real estate and hospitality ventures globally  has agreed a $75 million commitment to SAMHI, a developer and owner of hotels in India.  SAMHI has been sponsored by GTI Capital Group, an investment firm set up by the likes of Dabur Group’s Gaurav Burman and Dalmia Group’s Gaurav Dalmi ... Read more...

Sinopec Kantons Announced the Acquisition of Five Oil Terminal Operators from Its Parent Co. and Proposed Rights Issue

A leading petrochemical storage and logistics company in China-Sinopec Kantons Holdings Limited ("Kantons" or "the Company", together with other subsidiary companies, "the Group"; Stock Code: 934) is pleased to announce its signing of Acquisition Agreements with its parent company, China Petroleum & Chemical Corporation ("Sinopec Corp ... Read more...

Technip completes acquisition of Global Industries

Technip (NYSE Euronext Paris: TEC) announced today that it has completed the acquisition of Global Industries, Ltd (NASDAQ: GLBL). The shareholders of Global Industries approved the merger at a special shareholders meeting held on November 30, 2011 and will receive US$8.00 per share in cash. Global Industries has become an indirect, wholly-owned subsidiary of Technip a ... Read more...

Northbridge Industrial Services Plc Acquisition of Loadcell Services

Northbridge, the industrial services and rental company, is pleased to announce that it has completed the acquisition of the assets of Loadcell Services Pte Ltd and Loadcell Services BVI ("Loadcell"), an oilfield instrumentation supplier based in Singapore (the "Acquisition"). Loadcell was formed in 1982 in Singapore by the current owner and the ope ... Read more...

The Innovation Group plc Acquisition of Claims Services Australia Pty Ltd

Acquisition creates Australia's leading specialist outsourced claims management company  Also provides Innovation Group with a platform to target the Australian property claims market  The Innovation Group plc (LSE: TIG.L), a global provider of business process outsourcing and software solutions to the insurance, flee ... Read more...

Management Consulting Group PLC Acquisition of Chinese consulting business

Management Consulting Group PLC ("MCG or "the Group"), the international professional services group, announces today that it has acquired a retail consulting business operating in China. MCG has acquired Vertical Retail Consulting Limited and Vertical Retail Consulting Hong Kong Limited from Rick Keller and Nathan Burkland.  C ... Read more...

Wolfson Microelectronics plc to Acquire Dynamic Hearing

Wolfson Microelectronics plc ("Wolfson" or "the Company"), a global leader in the supply of mixed-signal semiconductor HD Audio solutions for the consumer electronics market, today announces that it has signed a binding agreement, subject to certain customary closing conditions, to acquire the entire issued share capital of Australian-based s ... Read more...

Koyuko enters strategic alliance by acquiring 50.3% stake in Camlin for Rs. 360 cr

Japan's Kokuyo Co will acquire 50.3% stake in stationery products maker Camlin for an estimated Rs. 360 crore. The two companies have signed a Joint Venture Agreement under which the Japanese firm will acquire a majority stake in Camlin in three tranches, after which the Indian firm will be converted into a joint venture company. ... Read more...

APA acquires the Amadeus Gas Pipeline in the Northern Territory

APA Group (ASX:APA), Australia’s largest natural gas infrastructure business, announced it will acquire the 1,630 km Amadeus Gas Pipeline in the Northern Territory for $63 million. The acquisition is supported by a long term gas transportation agreement. Commissioned in 1986, the Amadeus Gas Pipeline transports gas to Darwin, Katherine and other locations pri ... Read more...

Landis+Gyr to be Acquired by Toshiba for US$2.3 Billion

Landis+Gyr announced that Toshiba Corporation (TOKYO:6502) has entered into a definitive sale agreement with the shareholders of Landis+Gyr, under which Toshiba, one of the world’s leaders in electronics and power systems, will acquire Landis+Gyr, the global leader in energy management solutions for utilities, for US$2.3 billion in cash, to build the world’s Smart Grid ... Read more...